Underused Housing Tax Regulations flagged for future repeal

An amendment has been added to the consolidated text of the Underused Housing Tax Regulations noting that a future legislative provision will repeal these regulations entirely. This repeal is not yet in force — it is…

Bank of Canada gains authority to charge assessment fees to payment service providers, stablecoin issuers, and open-banking participants

Amendments not yet in force add a new fee-assessment framework to the Bank of Canada Act. The Bank will be able to recover its supervisory costs—related to administering the Retail Payment Activities Act, Consumer-Dri…